Search: year-average growth
RBA Glossary definition for year-average growth
year-average growth – The rate of change between the year and the previous year, where the year is typically a calendar year or a financial year. For example 'year-average growth 2011/12' means the percentage change between the financial year 2010/11 and the financial year 2011/12. It can also be referred to as 'growth in the year'.
Search Results
Results
31 Dec 2007
RDP
2007-11
Gruber and Kamin (2007) note that the lag can be motivated by habit persistence and find it to be significant at the 10 per cent level despite using five-year average ... increase in the growth forecasts on the current account balance is more negative
https://www.rba.gov.au/publications/rdp/2007/2007-11/results.html
Empirical Methodology and Data
31 Dec 2007
RDP
2007-11
In contrast to previous studies, for example, those by Chinn and Ito (2007) and Gruber and Kamin (2007), which use five-year average data, our sample comprises annual data. ... These forecasts will include both expected cyclical fluctuations and growth
https://www.rba.gov.au/publications/rdp/2007/2007-11/empirical-methodology-data.html